Disclosure certainty 4/5 debate potential 1/5

Kimber: Intersect Power is project financing about $9B of capex

Sheldon Kimber · The case for colocating data centers and generation · Feb 13, 2025 · at 44:46

Sheldon Kimber is the founder and CEO of Intersect Power, discussing the current scale of the company's clean energy and data center pipeline with host Shayle Kann.

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“We're in the middle of project financing about nine billion dollars of capex right now.”

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More from Sheldon Kimber

Prediction Not checkable as stated
Kimber: Data centers are entering an era where grid connection is optional
“Generally speaking, I think we're moving into an era where grid connection is optional and should be optional. And that, you know, we should be able to, you know, operate these things fully off grid if necessary.”
Sheldon Kimber Feb 13, 2025 ▶ 23:28 The case for colocating data centers and generation
Opinion
Kimber: Hybrid renewables and gas engines beat new combined-cycle plants
“If you go build a CCGT right now for 2000 dollars KW and, you know, like you can't even find sort of like You know, labor unions and pipe fitters and whatnot that have ever even built these things in many cases, right? You know, it's going to take five, six ye…”
Sheldon Kimber Feb 13, 2025 ▶ 26:44 The case for colocating data centers and generation
Prediction Didn’t hold up
Kimber: AI data centers will never offer flexible power load
“Every second you aren't running that at a hundred percent capacity factor is enormous amortized cost, right? So that it's just, it's one of those things where it's like, you'd be a fool to turn it down. You have to at some points because operationally, you kno…”
Sheldon Kimber Feb 13, 2025 ▶ 28:49 The case for colocating data centers and generation
Insight
Kimber: Edge LLMs trigger recursive queries, massively multiplying datacenter power demand
“Every smaller distilled LLM that is power efficient doing inference is going to launch thousands of queries to bigger, more capable models that can actually reason their way through buying something on Amazon and reason. So it's almost like increasing the worl…”
Sheldon Kimber Feb 13, 2025 ▶ 43:13 The case for colocating data centers and generation
Prediction Held up
Kimber: AI inference will ultimately draw far more power than training
“I think now what we're seeing is that inference in the aggregate is actually probably a much larger draw than the training in the long run.”
Sheldon Kimber Feb 13, 2025 ▶ 44:04 The case for colocating data centers and generation
Disclosure
Kimber: Intersect pivoted clean power assets from hydrogen to AI
“We thought maybe hydrogen would be first because of the supply side supports under the IRA. The demand just didn't materialize, and now all of a sudden, AI has just swept up all of the assets that we developed for, you know, behind the meter And co-located loa…”
Sheldon Kimber Feb 13, 2025 ▶ 19:32 The case for colocating data centers and generation
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